US

Joe Montana's Liquid 2 Ventures raises $37.7 mln toward venture-capital fund

Joe Montana's Liquid 2 Ventures has raised $37.7 million toward a second venture-capital fund, according to a filing with the SEC.

Grit Labs to raise a venture-capital fund

Grit Labs has set out to raise a venture-capital fund, according to a filing with the SEC.

Serena Williams reveals her venture capital firm

Kleiner Perkins leads Series A round for Stord

Atlanta-based Stord, a provider of next-generation warehousing and distribution, has secured $12.3 million in Series A funding, according to a blog post on its site. Kleiner Perkins led the round with participation from other investors that included Susa Ventures and Dynamo.

VC-backed digital life insurance platform Covr opens Hartford corporate office

Covr Financial Technologies, a digital life insurance platform, has opened its corporate office in downtown Hartford, Connecticut. Covr Technologies was founded in Boise, Idaho. Covr's backers include Nyca Partners, Commerce Ventures, Connectivity Capital Partners and Contour Venture Partners.

VC-backed CloudBees buys Electric Cloud

CloudBees has acquired Electric Cloud, a provider of continuous delivery and application release automation solutions. No financial terms were disclosed. CloudBees is backed by Matrix Partners, Lightspeed Venture Partners, Verizon Ventures, Delta-v Capital, Golub Capital and Unusual Ventures.

Home security company Kangaroo raises $10.26 mln led by Greycroft

New York-based Kangaroo, which provides smarthome security, announced it has raised $10.26 million a Series A round led by Greycroft. Lerer Hippeau and angel investors also participated. As part of the funding, Ian Sigalow, a partner and co-founder of Greycroft, has joined the board.

VC-backed Onfido appoints CTO and CRO

Onfido, a identity verification provider, has named Kevin Goldsmith and Thomas Ammirati as chief technology officer and chief revenue officer, respectively. Also, Onfido has added Frank van Veenendaal, former chief sales officer and vice chairman of Salesforce, to its board. Onfido's backers include SBI Investment and Salesforce Ventures.

Hookipa Pharma debuts IPO

New York and Austria-based Hookipa Pharma, a developer of immunotherapeutics, has raised $84 million for its IPO after pricing its 6 million shares at $14 per share. The stock began trading April 18, 2019 on the NASDAQ under the ticker symbol “HOOK." BofA Merrill Lynch, SVB Leerink and RBC Capital Markets are the lead underwriters. Hookipa's pre-IPO backers included HBM Partners, Hillhouse Capital, Sirona Capital, Gilead, Sofinnova Partners, Forbion Capital Partners, Boehringer Ingelheim Venture Fund, Takeda Ventures and BioMedPartners.

Idinvest Partners leads funding round for Alsid

Paris-based Alsid, an active directory protection solution provider, has secured 13 million euros in funding. Idinvest Partners led the round.